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To: IbJensen

The BRICS are going hard to divorce themselves from the dollar. Once they have, the reserve currency status of the dollar will be broken and that’s when the hyperinflation we’ve been expecting from “QE to infinity!” kicks in. The hyperinflation will start when confidence in holding your wealth in dollars collapses and the preference cascade for something else rolls across the globe.


5 posted on 11/23/2013 7:34:51 AM PST by Paine in the Neck (Socialism consumes everything)
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To: Paine in the Neck
The hyperinflation will start when confidence in holding your wealth in dollars collapses and the preference cascade for something else rolls across the globe.

We're quickly moving into what will be referred to as a "calorie economy." Food will become very valuable. Business, because of obomacare (the straw that broke Americas back), are not going to survive. There won't be anyone left to bake the bread.

Rev.6:6 - And I heard a voice in the midst of the four beasts say, "A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine."
(And I heard a voice from among the four living beings say, "A loaf of wheat bread or three loaves of barley will cost a day's pay. And don't waste the olive oil and wine.")

11 posted on 11/23/2013 7:46:07 AM PST by concerned about politics ("Get thee behind me, Liberal")
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